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Meyer Turku Oy News

25 Aug 2023

Meyer Appoints Group CEO

Bernd Eikens

Meyer Group has appointed Bernd Eikens as Group CEO starting in December 2023.Eikens has worked in different management positions for UPM-Kymmene for 25 years, since 2013 as a member of the group executive team. His international career includes positions in the US, China, Germany and Finland. Most recently, he headed the successful implementation of a pulp mill project in Uruguay with an investment volume of $3.5 billion.He has been a member of the Meyer Turku advisory board since 2019 and…

14 Dec 2022

Royal Caribbean Inks Shipbuilding Partnership Agreement in Finland

(Photo: Meyer Turku)

One of the world's largest cruise companies Royal Caribbean Group announced it has signed a declaration with the aim to chart the way forward for innovative and sustainable shipbuilding in Finland.The declaration, signed with the Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and shipbuilder Meyer Turku Oy, has been signed with the goal to advance innovation, strengthen competitiveness and bolster the maritime industry's ecosystem, U.S.

16 Aug 2021

Finnish Border Guard Orders Two New Vessels

(Photo: Meyer Turku)

Finnish shipbuilder Meyer Turku said it has been chosen by the Finnish Border Guard to build its new multipurpose vessels.The parties signed a letter of intent for the construction of two new vessels to replace three decommissioned patrol vessels as part of the Finnish Border Guard's Vessel Ship 2025 project.In order to carry out the acquisition, the Finnish Border Guard organized a tender during the spring of 2021, which was won by Meyer Turku Oy. The goal is to conclude a final…

01 Jun 2021

Shipbuilding: After Two 'Difficult' Years, Meyer Turku Eyes a Positive Future

Photo courtesy Meyer Turku

Finnish shipbuilder Meyer Turku announced its financial figures for 2020, noting that while the group has had two difficult years, it is slowly moving toward a more positive path.Meyer Turku, part of the German-based Meyer Group, primarily builds cruise ships and large capacity ferries, two sectors where newbuild orders have been slowed by the COVID-19 pandemic. But with many parts of the world now reopening to passenger ships, Meyer Turku is targeting a rebound. “Last year has been in several aspects an extraordinary difficult year…

17 Jun 2020

Shipyards Meyer Werft and Meyer Turku Swap Leadership

The Meyer Group leadership (from left): Thomas Weigend, Jan Meyer, Bernard Meyer and Tim Meyer. (Photo: Meyer Werft)

The Meyer Group announced Wednesday it will rotate leadership at its shipyards in Papenburg, Germany and Turku, Finland as the cruise ship builder grapples with market turmoil created by the coronavirus pandemic.Effective after the summer, Jan Meyer, the CEO of Meyer Turku since 2014, will become Managing Director of Meyer Werft, while Tim Meyer, managing director of Meyer Werft since 2016, will take over as CEO at Meyer Turku.The COVID-19 crisis has hit the cruise industry, and consequently shipyards…

06 Mar 2020

Meyer Turku Partners with University of Turku

(File photo: Meyer Turku)

Finnish shipbuilder Meyer Turku Oy said it has signed a strategic partnership agreement with the University of Turku, with the objective to develop and strengthen education and research in engineering.The partnership agreement increases student projects, theses, as well as teaching events, expert lectures and workshops between the university and shipyard. The employment opportunities offered by Meyer Turku in marine industry will become more visible on campus. This collaboration…

06 Feb 2020

Turku Shipyard Doubles the Order

Finnish shipbuilding company Meyer Turku Oy (known as the Turku shipyard) announced that the supply orders of the shipyard got almost doubled in two years."The value of supply orders to the shipyard has grown very strongly. It has almost doubled in two years (+ 84 %). The value of the supply orders was approximately EUR 933 million in 2018 when the corresponding figure in 2016 was approximately EUR 508 million," said a press release from the shipbuilder located in Turku, Finland Proper.The value of domestic supply orders of Meyer Turku increased by 64 percent to approximately EUR 638 million at the time in question. Correspondingly, the value of foreign supply orders increased by 150 percent to approximately EUR 295 million."Our order books extend for the moment to the year 2025…

07 Mar 2017

Meyer Turku Builds Big

Mein Schiff 5 float out. The cruise ship was delivered in June 2016. (Photo: Meyer Turku)

Maritime Reporter & Engineering News recently visited Finnish shipbuilding giant Meyer Turku, whose sights are set on building bigger. It is safe to say that when shipbuilding commenced in the town of Turku, Finland in 1737, the company building wooden boats at the time could not have envisioned the enormous vessels that would eventually be built by the site’s current occupant, Meyer Turku. The Meyer family, operator of the German shipbuilding company Meyer Werft, took over the…

11 Oct 2016

Finnish Shipyard wins Ship Deal from Royal Caribbean

Miami-based cruise line operator Royal Caribbean Cruises Ltd. and Meyer Turku shipyard signed a memorandum of agreement for two next generation cruise ship orders to be delivered in 2022 and 2024. The around 200,000 gross ton large cruise ships under the project name “Icon” will mark the beginning of a new generation of LNG powered cruise ships with a number of innovations such as an application of fuel cells for power generation. Fuel cells are a very energy efficient and clean way to generate electrical energy. “With Icon class, we begin the journey to take the smoke out of our smokestacks", said Richard Fain, chairman and chief executive officer of Royal Caribbean Cruises, Ltd.

20 Jun 2016

Mein Schiff 5 delivered to TUI Cruises Ahead of Schedule

Today, ten days ahead of schedule, TUI Cruises took delivery of Mein Schiff 5 from the Meyer Turku shipyard. Wybcke Meier and Frank Kuhlmann, CEO and CFO of TUI Cruises, together with Dr. Jan Meyer, CEO of Meyer Turku Oy shipyard, marked the occasion with invited guests at the handing-over ceremony. In the early afternoon of June 21, 2016 the ropes will be cut. Mein Schiff 5 and her complement of approximately 1,000 crew members will then set sail for Kiel, the first German port of call where she will finally dock on June 23, 2016. “Although this is already our third new build, it’s still incredibly exciting to see a new ship grow from the first steel cutting to the finishing interior touches.

15 Jun 2016

Meyer family foundations secure ownership of Meyer shipyards

The Meyer family is building ships since 221 years. Ever since, the family company’s success relied on a long-term approach that aimed to develop the technology, advance the skill-set of employees, and reinvest profits. The basis for this success is a stable ownership structure. To ensure this stability also for the future, the family has decided to donate its shares into family foundations. The legal form of a German family foundation is a proven framework to ensure a long-term stable ownership in a single hand supporting the sustainable development of the shipyards in Turku, Papenburg and Warnemünde. The Meyer family business has developed from a small local shipyard in Papenburg / Germany to a global market leader in its sophisticated niche market of cruise ships…

09 May 2016

Meyer Turku Back in the Black

After many years with difficulties, Meyer Turku Oy reports positive consolidated earnings again under new Meyer ownership. The audited accounts for 2015 show a profit of 15.1m € on revenues of 593.6m€ resulting in 2.5% return on revenue. “We are very pleased to show some early signs of a turn around.”, comments CEO Jan Meyer and adds: “This result is very helpful and urgently needed to show our stakeholders that we can build ships in Turku in a sustainable manner and that we have the strength to engage in recruitments and in our sizeable investment program.”

23 Apr 2016

Konecranes' Goliath crane for Meyer Turku Shipyard

Konecranes will deliver a new 1,200 ton Goliath gantry crane to Meyer Turku Oy. The design, precision drive components, electrical installation and automation system and structural components will be supplied by Konecranes, while Meyer Turku will manufacture the main girder in its own hull production. The new crane will be taken into use in May 2018. The order also includes a modernization of the Turku shipyard’s current 600 ton crane, service and maintenance parts. “The first major step of our big investment program for Turku yard is becoming concrete. The new crane will allow for more industrialization and increase output capacity. The new crane will be a nice continuation of our collaboration with Konecranes that already started in the 1970’s with the building of our old 600 ton crane.

17 Jan 2016

TUI Cruises Launches Mein Schiff 5

Six months to the day ahead of the naming ceremony, Mein Schiff 5 was launched today at the Meyer Turku Oy shipyard. Following a construction period of 14 months, Ferdinand Strohmeier, Vice-President Operations TUI Cruises, was on hand for the so-called “floating” celebrations. Together with Dr. Jan Meyer, head of the shipyard, and other members of the Mein Schiff 5 project team, he opened the bulkheads to flood the dry dock. The water flowed despite the bitter cold of -12 degrees Celsius. In the next few hours, the dock will fill with up to 300 million liters of seawater. Mein Schiff 5 will then be towed to the outfitting pier upstream from the shipyard where the interior and exterior areas will be fitted out over the coming months. routine.

04 Aug 2015

LNG Ferry Construction for Tallink Begins

The start of production of Tallink's new generation LNG powered fast ferry for the Tallinn-Helsinki route was celebrated on the 4th of August 2015 at Meyer Turku shipyard. The new ferry will be approximately 212 metres in length with a gross tonnage of 49 000. The ship will operate on the route between Helsinki and Tallinn and she is designed for carrying 2800 passengers. The service speed is 27 knots. The ship will be delivered from Meyer Turku in the beginning of 2017. The project gives approximately 2000 person-years of employment for the shipyard and the supplier network. The new environmentally friendly ship uses LNG as fuel and she will comply with the new and stricter emission regulations for the ECA areas including the Baltic Sea.

01 Jul 2015

TUI Cruises Orders 2 More Ships from Meyer Turku

TUI Cruises GmbH and Meyer Turku Oy signed an agreement for the construction of two new cruise ships, Mein Schiff 7 and Mein Schiff 8, to be delivered in 2018 and 2019, respectively. According to the German shipbuilder, this latest order further strengthens its order book, which will see a high work load until 2020. Mein Schiff 4 was delivered from Meyer Turku on May 8, 2015, and Mein Schiff 5 and Mein Schiff 6 are to be delivered in 2016 and 2017, respectively. “TUI Cruises has firmly established itself in the German-speaking market, with occupancy of our fleet totaling more than 100 percent last year,” said Wybcke Meier, CEO of TUI Cruises. “This year, demand has also been excellent so far - with bookings currently being taken for five ships.

23 Jun 2015

Keel Laid for TUI Cruises’ New Ship

Photo: Meyer Turku Oy

The keel of Mein Schiff 5 was laid on June 23, 2015 at Meyer Turku shipyard’s drydock. Before the keel-laying ceremony, the start of production of the sister ship Mein Schiff 6 took place in the shipyard’s construction hall. The production of the cruise ship Mein Schiff 6 was officially launched when TUI Cruises CEO Wybcke Meyer started the plasma cutting machine in the production hall of Meyer Turku shipyard. Another event was also celebrated at the shipyard on the same day, as the next milestone in the building process of the Mein Schiff 5 took place.

08 May 2015

Meyer Turku Delivers First Ship Under New Owners

Photo courtesy of Meyer Turku

Meyer Turku handed over Mein Schiff 4 to TUI Cruises on Friday May 8, 2015, marking the first delivery from Turku Shipyard under Meyers’ ownership. The Meyer family, operators of the shipbuilding company Meyer Werft in Germany, became the 100 percent owner of Meyer Turku Oy just two days earlier on May 6. Mein Schiff 4 will be named in Kiel on June 5, before sailing on her maiden voyage to the Baltic States on June 6, 2015. The Mein Schiff 4 building project entered production at Meyer Turku two years ago.

02 Mar 2015

Tallink & Meyer Turku to Build LNG Ferry

AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of LNG powered fast ferry for Tallinn-Helsinki route shuttle operations. The dual fuel ship will be about 212 metres in length with a passenger capacity of 2800. The fast ferry will cost around 230 million euros and will be built at Meyer Turku shipyard for delivery in the beginning of 2017. The project will provide approximately 2000 man-years employment for the shipyard. The new environmentally friendly ship uses LNG as fuel and she will comply with the new and stricter emission regulations for the ECA areas including the Baltic Sea. The ship, with a gross tonnage of 49 000 and service speed of 27 knots, will bring significant improvement in energy efficiency.

11 Dec 2014

Tallink, Meyer Turku Ink LOI for New LNG Fast Ferry

The trend toward the procurement of high-spec, environmentally friendly vessels continues with news that AS Tallink Grupp and Meyer Turku Oy signed a Letter of Intent (LOI) for the construction of an environmentally friendly car-passenger ferry for Tallinn-Helsinki route shuttle operations. The ship will cost around $286 million and will be built at Turku shipyard for delivery in the beginning of 2017. The new ferry will be about 212 m long with a gross tonnage of 49 000. The ship will operate on the route between Helsinki and Tallinn and she is planned to carry 2800 passengers.

20 Nov 2014

Meyer Turku Building another Ship for TUI Cruises

Photo: Meyer Turku

Meyer Turku Oy celebrated the start of production of cruise ship Mein Schiff 5 on November 18, 2014, as the cutting machine was started by Mike Schwanke, Marketing Director of TUI Cruises at a ceremony witnessed by members of Meyer Turku, TUI Cruises and DNV GL. Mein Schiff 5 is the third Mein Schiff class cruise ship being built at Turku Shipyard. For the customer, TUI Cruises, this ship will be the fifth member of their well-being fleet. Mein Schiff 3 was delivered from Turku in May 2014 and Mein Schiff 4…

10 Oct 2014

Historic Cruise Ship Float Out in Finland

Image: http://www.meyerturku.com

The Meyer Turku Oy yard in Turku, Finland, celebrated a historical day on October 10, 2014. Meyer Turku Oy, which officially changed ownership only three weeks earlier with the takeover by Papenburg, Germany cruise ship building power Meyer Werft, floated out the cruise ship Mein Schiff 4. Jan Meyer, the CEO of Meyer Turku Oy, and Wybcke Meier, the new CEO of TUI Cruises opened the valves to flood the dry dock. In May 2013, about 17 months ago, Turku shipyard celebrated the keel-laying of Mein Schiff 3 and start of production of Mein Schiff 4.